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Bitcoin falls almost 20% since October high
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economictimes.indiatimes.comBitcoin has lost almost 20% in less than two weeks, proving that extreme volatility remains a hallmark of crypto investing. Yet in the world of Bitcoin, it's largely business as usual with bullish conviction intact — in contrast to traditional markets where moves on this scale are met with alarm. The largest cryptocurrency slipped 0.5% to around $57,280 in early London trading on Friday, a sixth day of declines. «Bitcoin correction is not a big deal,» wrote Craig Erlam, senior market analyst at Oanda. While a break to $50,000 «would represent a large correction from the highs, it would still be relatively minor considering how far it's come in recent months.»
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Indians' investments in crypto grew from about $200
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